"Jedinstvo" and Tobacco Factory DIN entered continuous trading

Starting today (August 10, 2009), the stocks of "Jedinstvo Sevojno" and Niš-based Tobacco Factory DIN will be traded on the Belgrade Stock Exchange by the method of continuous trading.

Serbian capital market has made the decision about change in method of trading in stocks of these two companies.

The Stock Exchange has analyzed the performances of trading in securities of "Jedinstvo" and Tobacco Factory DIN, and it has determined that there is a need for organization of much more frequent trading.

The Stock Exchange has analyzed the liquidity of these stocks, number of members of Stock Exchange who mediate in trading, number of delivered purchase and sale orders, market capitalization of the companies and coefficient of the market price and calculated value of the stocks.

For almost two hours after the beginning of today's trading on the Stock Exchange, the stocks of building company "Jedinstvo" cost 5,500 RSD, while the securities of Niš-based cigarette manufacturer cost 2,100 RSD.

The stocks of three more companies have changed the method of trading - Kikinda-based confectionery company "Banini", Zemun-based bus manufacturer "Ikarbus", and Belgrade-based building company "Ratko Mitrović".